Butte semi-weekly miner. [volume] (Butte, Mont.) 1886-1890, 1887-12-03
Confidence of Business Men in
Butte's Future.
Fewer Failures Here Than in
Any Other City.
4 Mineral Entry on the Town.
site Cancelled.
Signs of Revival in the Real
Estate Market.

The remarks Of yestsrday's MINER upon
interest in the subject and met with the
hearty endorsement Of citizens In general.
Below are given the remarks made BY a few
leading citis Ems yesterday to o representa-
tive oi The MINER:
Mr.. Murphy. Of Murphy & Cannon:
believe that the parties interested in the
.Smokehouse lode should get together and
deed all their interests to one individual.
then elect an arbitration committee by
vote. and the Smokehouse question would
soon cease to vex the public mind. I con.
slider the prospects Of real estate here very
good. The completion Of the Montana
Central will have a beneficial effect on
building operations during 1883. both in
residence aud business property. I'm
proved property in Butte now pays, aud
has for the last six years paid a larger in
terest on the investment than in any
other town or city west OF the Missouri
and the prospects are % brighter than
they have ever been. We ant a good hO'
tel and a better class of buildings gener'
ally, ard capital can hardly be invested
to better advantage, for individual and
general good, than in such improvements.
H. w. Shipper: The resl es' ate business
OF the city will have a healthy growth from
this out, particularly eastward. aud to-
wards Centerville, along the street carlines,
and there ID o u growing activity and in
quiry for property in those parts. The
Smokehouse lode cuts no figure in the GER
eral outlook, that property being well
covered with improvements that are estab'
lished. and not likely to change hands ve'y
often. The railroads D building into
Butte will infuse new life into the real es.
building next year, particularly eastward
and in the neighborhOod of the Montana
Central depot.
Mr.. Kemper. insurance agent: I recently
bought q house and lot on the Smot e.
house. and knew what I WAS doing. Vi
course some lots there are in dispute. but
in. the majority Of csses there is no troable
in obtaining perfect title. There is q great
deal Of u%Dgrounded suspicion against titles
by people who do not understand mining
IT, les. Then a great deal Of trouble was
caused by the action oil a lot OF people who.
seven or eight years ago, sqnatted ON East
Park street. and put up buildings there.
under the impression that they could
defeat the miners titLs to the sur
face ground. Many OF these equatters'
claims were sold, the buyers GO,
bitten, and lost confidence in titles
to Butte property. Az there is a
very small percentage Of the lots in this
purchasers need not have n thing to do
with them. l look for large building opera.
tions next year. Building materials are as
cheap here as 10 other Montana cities, aud
will be cheaper. 1t is likely that a good deal
of Oregon and WASHINGTON lumber will be
shipped to Butte, as we get better freigi.:
rates. Oregon fir lumber is now used to
extent for flooring.
George HaldOrn: l I'm confident that
all difficulties in regard to mining titles
could be easily and quickly settled il the
Board at Trade won d meet Massrs. Murray,
Reiny, Thomas and Hurst, in an mica BILE
spirit, and have d straight talk about it.
Let them say that they want this city to
grow and prOspe" as it should. and they
not find the owners OF the claims in.
to place any obstaeles in the way by
to make u rea .onabl, settlement
J. u. Thomas: l believe that most OF
The claim o yners could be readily brought
10 = reasonable settlement. can answe
or DR.. Reins aud myself. We did not buy
The properly with the idea at squee zing a
OF III money out Of it. and do not intend
o obstruct u Bel tlsment 81 thu question.
cannot answer for Mr.. Murray and
Colonel Hort. The latter ga rs he did not
here for his health. l believe the
for lutts's future prosperity is
question, out what it needs above
things is a good hotel. do not mean
- reflect On the excellently managed no.
We have, but they are not uf the siz.
" style that is r. qnired by this city. and
hey would not suffer by the esta blisbman,
II such u hotel AZ every one must rec.yn 2
he need OF. know hat commercial trav.
lers and others who visit this city hurry
through their business, and & t out of it Us
as possible. because it ! as not n
Irst class hotel with all mo ern improve.
nente. such as they find in other citi-s. !
he site OF the Park STREET school house
'ou!d make a grand location for such u
otel, and it is for sale.
W. H. Pinkhan: TnE MINER has done
ell in opening up this QUESTION, aud | an !
to see it take the position that it has.
{ IL what l have been advocating Tor
ears. There ale too many people hare
no cannot see what you and l can, that
bis camp is good for a longer time than
ny OF us will live. But a few, ont of the
lany great mines here. have been we'll
pened, as yet, and it will take many gen.
'ations to work out any sider be
roportion Of the vast deposit uf mineral
pom which the prosperity OF the city il
ased. There have been fewer business
lures in Butte than in any other city il
10 United States, aud iha,
an indication that it is Il pretty gond
mp. The prices for rea! estate are far
'low actual values. and that ia partly
le to parties who have talked the ca,up
'wn 90 that they could buy in property
low figures. The disputed claims form
, unimportant part Of the city, and do
It cut any figure. The people interested |
claims on the Smokehouse couli have
titled the matter long ago for $40, 600.
'ich was a very reasonable figure. They
spent several times that amount
litigation, and have put Murray
expense Likewise, ard vi I
he cannot settle on t
ut bass now. But a settlement could :,
ELECTED with him now for a great deal !,
Q than by waiting several years for t ,e {.
cIsiOn OF the courts, when the expenses b
nave accumulated, AMI the value uf II
property risen. 1t is unfortunate that a
people Of Butte have 10 city pride, and I.
ut st EN- to rare about the appearance t.
the street. or the buildings. The City a
uncil should pay more attention to d
eet improvements, which would be the
It possible investment of public funds.
10000 was expe' ded in street improve
nts this year. the consequent increase
values would return $2O,OUO additional ia
'es next year. The extension Of the il
porate limits is urgently necessary. ~
ok st that fire this morning out. y.
OF the city limits. The people MI
r. don't want to come in and pay city to
;es, which would give them corporate R,
efts. That store that was burned this ~
would have been easily sa we'd had "
been one or two MIGRANTS within u D,
hundred feet. As it was the firemen dc
to try to save several buildings with
1 Que nozzle, attached to such a long
Itch OF hose that it wouldn't hold
er. Az y matter Of TACT the people
side Of the city have no right to the an
'ices OF the city lire department. m,
DlOnel JOhn Curti-: l am very glad to -